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GM India Projects Diesels Will Be 50% of Its Sales Mix
17 June 2007
The Telegraph. GM India expects that 50% of its sales will come from diesel models in the next two to three years. Currently, diesels represent 30% of GM India sales.
The company may also eventually manufacture turbo-charged common rail direct injection diesel engines in the country. The automaker now imports diesel engines for the Tavera and Optra Magnum.
GM is currently building a $300-million plant in Talegaon, Pune—its second plant in India. That plant is expected to start production in the third quarter of next year. The companywill also increase the capacity of its Halol plant to 84,000 units a year.
The company aims to garner a 10 per cent share of the Indian auto market by 2010 and roll out 200,000 cars from its Halol and Talegaon plants. GM India plans to sell 72,000 cars this year.
June 17, 2007 in Brief | Permalink | Comments (0) | TrackBack (0)
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